Law Commons^™

Panel Discussion: Refinancing Of Third World Debt, A. O. Adede, Kenneth Auerbach, Barry Beller, Peter Franck, L.F.E. Goldie, F. W. Hawley Iii, Richard Lillich, Paul Robertson, Phillip Trimble

Syracuse Journal of International Law and Commerce

Today's topic, Refinancing of Third World Debt, will be broken into two discussions, the first dealing with the private sector; the second with the public sector. We will begin our first session by comparing the credit worthiness of the Second World, the Communist world, to that of the developing countries that we call the Third World.

Loan Agreements Between Developing Countries And Foreign Commercial Banks -- Reflections On Some Legal And Economic Issues, A. O. Adede

Syracuse Journal of International Law and Commerce

This article is included in the symposium entitled: Refinancing of Third World Debt.

The third world loans of the American banks are still the most controversial and most worrying part of their international business, even if the wilder fears expressed earlier in 1976 have been discredited. Or to put it more properly, the experience has not been good, but international banks seem so far to have had sound shock absorbers.